“The ATM has been the only useful innovation in banking for the past 20 years,”- Paul Volcker, the previous chairman of the US Federal Reserve. This statement by this renowned persona in 2009 may give you an idea about the shining future of this industry.
ATMs are not simple cash withdrawal machines anymore. They have brought a change in our relationship with money. The revolutionary ATMs have always remained in a great position since their invention. However, in the continuing segment of today’s blog, we will let you know what is leading ATMS to a bright future.
Know Why ATMs Are Going To Bring a Revolution
These are the reasons that are creating a bright future for ATMs. Keep on exploring!
Latest Technology
The introduction of different new technologies is increasing ATM functionality rapidly. For instance- the card-less ATMs allow convenient and contactless cash withdrawal through gadgets, including tab, smartphones, and so on.
The ATM service providers offering this service are assuring the best safety decreasing the skimming risks. Drive-up facilities are also there, which allow cash withdrawal without stepping outside your car. Cashless ATMs can ensure a convenient withdrawal and increased revenue rates for the traders.
An Innovative Way To Get More Customers
If you want to give the ultimate convenience to your customers, this service can help you. And this one another notable cause that is giving popularity to this useful service. Most business owners are now installing the latest ATMs in their commercial places, making this service more demandable.
Undisrupted Money Transactions
Nobody wants to feel helpless due to cash scarcity. But it may happen in any condition. The promising ATM technologies can help people to come out of this problem.
Such machines never run out of cash and the service providers fill them ASAP, even if it happens. Amid different causes, this one is perhaps the most significant one that is creating a bright future for ATMs.
A Wide Range Of Facilities
As already said, modern ATMs are not cash withdrawal machines anymore. The latest ones are adding more convenience to the customers with different added features. Cash and cheque deposits, bill payment options, pre-staged withdrawal, video banking facilities are some notable of them.
So, now it might become clear why the ATMs are creating a buzz in the modern fast-paced world. Hence, if you feel any need to install it, don’t wait for anything. Feel free to contact us now. We feel confident to give the required services to our customers at the best price. Don’t go with the words only. Let us help you and get a first-hand experience about our service quality.
After the first invention in 1967, almost all banks have added ATMs for offering convenience to their customers. These days, it’s not a big deal to find ATMs everywhere, from shops to street corners. Anyway, ATM technologies have gone through a rapid change in the last few years.
And the modern ATMs have experienced a complete evolvement. This rapid evolvement has enabled us to get the ATMs with some excellent features. Check out the continuing lines of this blog carefully and get introduced to some of them.
What Are The Notable Features Of A Modern ATM?
These are the notable features of an advanced ATM. Keep on reading.
A Convenient Intuitive Interface
Different gadgets such as tablets, smartphones, and so on come with user-friendly technologies. And you may expect the same from this system as well. The modern ATMs are something more than a touchscreen display with a few buttons.
These are nothing but the beginning. To give a familiar experience to users, the reputed ATM service providers offer machines with swipe and zooming functionality features. These focus on enabling the customers to navigate a wide variety of transactions.
Suitable Mobile Interoperability
The modern generation finds confidence in doing everything via phone. So, how ATMs can differ? Keeping this in mind, modern service providers are offering a range of interoperability facilities to their customers.
For instance- the near-field communication features. It offers customer identification with the help of phones and easy pre-stage transactions.
Easy Card Less Accessing
Using debit or ATM cards for accessing the machine are nothing new. But modern technologies have brought a change in this notion.
Such machines come with amenities like facial scanning, reliable biological identifiers, including palm scan, and so on. Some of them even can provide access to ATMs by sending a code to smartphones.
Proactive Machines
Nobody wants to waste their time waiting in front of a malfunctioning machine. So, you can call proactive machines modern ones. Such systems with digital monitoring and other required qualities ensure users that they will never face any cash scarcity.
Modern ATMs always stay ahead of the technology providing a convenient money transaction experience to the customers.
However, if you have set your mind to opt for an ATM installation in your commercial space, don’t forget to find out all these features beforehand.
And to be assured about all these facts, you should deal with a reliable service provider always.
It’s not at all a big deal to get in touch with a trusted company now. Researching different companies can come to your help. For the added convenience it is a good idea to take recommendations from other users.
Final Thoughts
So, delay no more and contact us to install an advanced ATM with all these beneficial features. We have been providing excellent and useful ATM solutions to our customers for more than one decade. You can keep your trust in our reasonable service charge also.
There is no denying that ATM security is extremely vulnerable! Even after lots of efforts and dedication of the service providers, these machines have always remained an easy and attractive target for hackers.
However, it’s a sophisticated crime indeed, and you need to give added attention on your part to get the required safety. And highly vulnerable nature of this system has already emerged different baseless myths about its security. Delve into the upcoming lines of today’s blog and get introduced to the most significant of them precisely.
These Are A Few Common Myths About ATM Security
Myth 1- ATM Security Depends On The Customers Only
Some people prefer to show customer carelessness as the foremost cause of ATM security issues. But the reality says it is not the scenario at all. Researches conducted by renowned universities found that only customer carelessness has nothing to do with this issue at all. Hijackers play a more significant role than them. Believe it or not, hijackers can steal money from there using a smartwatch!
Myth 2- Only An Experienced And Sophisticated Hacker Can Steal Money From ATM
Although ATM defrauding an ATM requires special skill and knowledge, it’s not true everywhere at all! Five California teenagers ranging from 13 to 16 years were arrested due to breaking the ATM security in 2015! It is not a tough job to be a pro-ATM hacker! Even an adolescent with minimal knowledge in this sector can do this task easily.
Myth 3- You Can Find Out ATM Interface Devices Easily
The professional ATM hackers use specific designed and advanced components to steal the card details of the users. They match the card readers flawlessly to make them difficult to find out. Even trained and experienced people can difficulty in recognizing their presence. Hence, it is advisable not to be over-confident when it is about finding those hidden tools.
Myth 4- Chip Cards Can Save All Machines From Hacking
The introduction of EMV or chip card technology has helped a lot to decrease the number of ATM fraud. But, it is not the best solution at all. Experienced hackers may avoid them easily, using simple tools like plastic devices or ultrathin metal components.
Myth 5- Hackers Make Use Of Hidden Cameras Or Advanced Thin Copy Device Only
There is something beyond these two a professional hacker uses. A myriad of new and surprising hacking technologies have got introduced to the market now. Bluetooth-enabled components are one most notable among them.
Hence, what should be your first step to avoiding ATM hacking? Well, there’s no fixed rule at all. Be safe on your part, and to install this system safely, feel free to get an ATM from us! Our experienced experts will build your trust excellently, giving you the best services at a fair rate.
Imagine a situation where a customer has entered your store to make a purchase. But after opening the wallet, the person realizes that he is in shortage of cash. At this moment, he will definitely leave your store. That’s how you may lose your customers day by day. And the day will not so far when you will encounter a huge loss.
Now, you must think about how to prevent this situation, right? Well, installing an ATM in your store can be the ideal solution in this regard. This will help you a lot to expand your business and retain customers.
However, if you want to install an ATM, explore the benefits of this approach first. But prior to that, read the following lines to know how to get your machine.
How Would You Get an ATM?
First of all, you need to contact a trusted ATM company to own an ATM. The different services they offer will help you conduct your ATM business smoothly. Most importantly, you need not pay a single penny to buy an ATM. Now, let’s have a look at the services they offer.
Different Services Offered by an ATM Company
Listed below are the different services offered by ATM specialists.
Now, let’s know about the amazing benefits of installing an ATM in your store.
Benefits of Installing an ATM
Go through the following points attentively before you contact a trusted ATM company.
1. An Excellent way to Earn Extra Cash
As an ATM owner, you can impose surcharges on the customers who will withdraw cash from your ATM. The surcharge fee for an ATM is nothing but the amount that customers pay for each cash withdrawal. And this is the amount that will be added to your account. So, isn’t it an excellent way to have an extra income?
2. Increases Your Sale
Installing an ATM will increase your sale and customers for your business. As a result, people will never leave your store due to the deficiency of cash. With an ATM, they can withdraw their required amount of money, and make a purchase. Besides, most people nowadays don’t want to carry cash. This option is not often feasible. Hence, they prefer to withdraw money through an ATM. Therefore, install this machine in your store, and facilitate buyers.
3. Avoid Risk
It’s known to all that the case of money snatching is increasing day by day these days. And that’s why people avoid carrying cash. They always prefer to withdraw money with an ATM whenever they need it. So, why not meet this need when customers will come to your store to buy something?
Therefore, install an ATM in your store, and allow them to purchase without any risk.
4. No Need to Be Involved in a Long Term Contract
Starting a business means you may have to involve in a long term contract. But in this respect, there is nothing to get worried about. If you decide to change some aspects of your ATM arrangement, you need not have to wait. A trusted ATM company will adjust your agreement. They aim to make you profitable, happy, and successful.
5. Stay Ahead of the Competition
The retail industry is getting more competitive day by day. Hence, to stay ahead of this competition, deliver an excellent shopping experience to your customers. And that’s what you can achieve by installing an ATM at your store. As a result, customers can easily make transactions and buy desired products from you. Otherwise, the chance is high that your business will be shuttered down shortly.
6. Happy Customers Means More Business Growth
Installing an ATM means you are giving your customers the facility to select the options of payment mode. And this convenience will convert your rare customers into frequent ones. Most importantly, with this approach, you can attract new customers to your store. Consequently, your business will see huge growth.
Well, these benefits lead business owners to install ATMs in their stores. So, if you want to go for this approach, contact a trusted ATM company that offers all the services mentioned above.
It’s truly frustrating that you visit an ATM store and see the ‘Out of Order’ sign on the machine. And that’s what the ATM owners lead to losing customers. However, to run an ATM business briskly, customer service should be the most crucial consideration. Hence, ATM owners need to keep their machines under regular servicing and maintenance. These allow people to access their cash smoothly. Nevertheless, ATMs stop functioning.
Do you have an ATM business? Then you must be aware of a few common ATM issues that need repair. And these are what you will come across in this blog. So, carry on reading!
A Few Issues Encountered by ATM Customers
Many people nowadays are embracing the ATM business. But if your machine suddenly stops functioning, your business will lag behind in this competitive market. Hence, it’s prudent to be well aware of ATM issues so that you can take the necessary action on time.
1. A Faulty Dispenser
A rare but frustrating problem that can take place is an ATM with a defective dispenser. It means the machine is unable to dispense cash after inserting the card and providing the right info. But still, the amount is debited from the customer’s account.
Well, this kind of issue should be eliminated immediately as it’s a big hassle for both the ATM owner and customer. Most importantly, this issue involves a security risk.
In this respect, ATM owners need to call experts of an ATM company. And they should check surveillance videos to watch what was happening during the transaction.
2. Defective Card Reader
Credit and debit card comes with a dark stripe on the back. It’s a magnetic strip that contains significant details about the card as well as the owner. However, after swiping the card at an ATM, the reader verifies this information before authorizing the transaction. But if the machine is excessively used, the card reader may wear out.
It means the reader can’t verify the cardholders’ banking information. Well, to eliminate this issue, the experts examine the reader to check whether it needs repair, replacement, or cleaning.
3. Unresponsive Keypad
Keypads are one of the most important parts of an ATM. These are essential for providing the significant info required to withdraw cash. However, due to the excessive usage of an ATM, these become prone to breaking. And faulty keypads can lead to severe issues that can affect the usability of an ATM.
These may not respond after tapping or even freeze. However, these issues require professional help to be eliminated. They would disassemble the ATM to figure out the reason for this problem.
4. An Issue Regarding the Receipt
Customers need a paper receipt in order to have a record of an ATM transaction. It will help ATM users identify the place and time of the transaction in the event that there is a problem with the ATM. It can be a faulty dispenser. It means the ATM will periodically face an issue with dispensing paper receipts.
In this respect, professionals examine whether the ATM is run out of papers. Is there ink in the printer? Or is there any jam that prevents the machine from dispensing the receipt? As the receipt contains vital information about the transaction, one should get this issue repaired as early as possible.
5. Software Issues
ATM technology has been developing day by day. Nowadays, ATMs give a facility of the touch screen. Besides advanced technology is used in this system, which depends on computer software to function. Therefore, ATMs also can face software issues like other machines. Hence, updating the ATM software on a regular basis is imperative. Nevertheless, software malfunction can occur.
In this situation, ATM owners need to take the help of ATM specialists. The experts have extensive knowledge about ATM programming. However, they will scan the machine to check for viruses. After that, they install new and updated software and fix the issue that has taken place.
A malfunctioning ATM is truly frustrating for both customers and ATM owners. And not fixing these issues will lead an ATM business to be shuttered down. Hence, one needs to get an ATM repaired on time. And to run an ATM business, it’s a must to get in touch with a trusted ATM company.
After spending 10 years working in the ATM service industry, we know that a lot goes into the decision to add an ATM to your business. You want to make the right decision!